Ribbon Acquisition Corp.
For the period ended Jan 9, 2026. Filed Dec 16, 2025.
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Jan 9, 2026 · Filed Dec 16, 2025
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Contents
The Dissolution Amendment
The Company’s Investment Management Trust Agreement, dated January 14, 2025, by and between Ribbon Acquisition Corp. and Odyssey Transfer and Trust Company (the “Trust Agreement”), currently permits the Company to withdraw up to US$100,000 of interest earned on the funds held in the Trust Account to pay dissolution expenses. The Dissolution Amendment proposes to amend the Trust Agreement to remove the Company’s ability to withdraw up to US$100,000 of interest from the Trust Account to pay dissolution expenses. If the Dissolution Amendment is approved, no portion of the interest earned on the Trust Account may be used to pay dissolution expenses, and such expenses would need to be paid solely from funds outside the Trust Account. Because the Amended Charter does not contain any provision permitting the withdrawal of interest for dissolution expenses, no amendment to the Amended Charter is required in connection with the Dissolution Amendment.
A copy of the proposed amendment to the Trust Agreement is attached as Annex B.
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